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In this episode, Paul sits with Stephanie Doyle, the California State Affairs Director for the Solar Energy Industries Association (SEIA), to discuss the changes that California has implemented to their net metering tariff for rooftop solar.

NEM 3.0 (or also known as the Net Billing Tariff (NBT)) has reimagined the solar market in California, dramatically reducing the compensation that homeowners receive for generating excess power while incentivizing investment into battery storage and into disadvantaged communities. One year on from the launch of NEM 3.0 and we have a bit of perspective on how the new tariff is working. Paul and Stephanie dig into what NEM 3.0 is all about and the impact it's having on California's solar market.

For further reference:

Stephanie Doyle

"NEM 3.0 in California: What you need to know" - Energy Sage

"One Year In: Tracking the Impacts of NEM 3.0 on California’s Residential Solar Market" - Lawrence Berkeley National Laboratory

"The fight over the future of rooftop solar in California" - Canary Media

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In order to meet the ambitious climate goals as enshrined in New York's Climate Leadership and Community Protection Act (CLCPA), the state is about to embark upon a far reaching program to ratchet down emissions from heavy emitters. The Cap and Invest program has a lot of similarities to RGGI and other Cap & Trade efforts, with some key nuances on how New York is planning on using this tool to transition to a clean energy economy.

Karsten Barde, Director of US Policy and Regulatory Strategy for National Grid, joins Paul to discuss the construct of the program, who it's likely to impact, and what to expect as it navigates its way through this preliminary structuring phase.

For further reference:

Karsten Barde

New York Cap and Invest

Regional Greenhouse Gas Initiative

Preproposal Stakeholder Outreach - Preliminary Scenario Analyses

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Philanthropic giving to climate related causes is woefully small. But charitable dollars have a really important role to play because of their flexibility and different motivations. They can catalyze investment in areas where private or governmental dollars can not.

In this episode, Paul sits with Randall Kempner, Senior Advisor to the Aspen Institute to discuss the role of philanthropic dollars in the capital stack, why foundations and donors have not contributed as much, yet, and what is needed to further catalyze this funding source.

For the Eight Minutes version, visit here

For further research:

Randall Kempner

The Aspen Institute's Energy & Environment Program

The Global Methane Hub

Much Alarm, Less Action: Foundations & Climate Change - The Center for Effective Philanthropy

Global Energy Alliance for People & Planet

Giving to Amplify Earth Action - World Economic Forum

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